K-CHINNO25A-UI
K China Innovation PE 25A Fund Not for Retail Investors

*For Institutional and Ultra High Net Worth Investors* *High Risk or Complex Fund* Investors cannot redeem this Fund before 8 years and 2 months. If there are any factors negatively affect the investment of this Fund, investors may suffer substantial losses. Also this Fund does not have investment restriction like general fund, so it is only suitable for investors who have high capacity to bear loss.

NAV per unit

Change
Offer Price
Bid Price
Net Asset Value (NAV)
Registered Fund Capital
3,000 Million Baht
Inception Date
2 July 2025 (Subject to change)
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
 No dividend payment
XD Dates
      -

Bloomberg Ticker
           
Master Fund's Bloomberg Ticker
        
Fund Type / AIMC Category
• Foreign Alternative Investment Fund
• Feeder Fund
• Cross Investing Fund
• Miscellaneous​
Investment Policy and Strategy
• The Fund mainly invests in Kasikorn Vision Private Fund I (Shanghai) Limited Partnership (Master Fund) which invest in Private Equity (PE), focusing on Artificial Intelligence, Digitalization, Energy Transition, Biotech, and Healthtech in China, through PE Funds, Venture Funds, or direct investment. The Master
Fund has a minimum Capital Commitment of 1 million RMB and a duration of approximately 8 years.
• The Fund and The Master Fund may have investments or make transaction as follows ;
1. The Fund may invest in derivatives and structured notes (only derivatives part) for Non-Hedging purposes, not exceeding 50% of NAV. It may also invest in derivatives for Hedging purposes, not exceeding the existing risk. 
The Master Fund may invest in derivatives for hedging exchange rate risks.
2. The Fund may borrow and engage in repurchase transactions (repo) for investment purposes, not exceeding 50% of NAV. 
The Master Fund will not borrow or engage in repo transactions for investment purposes.
3. The Fund will invest in Private Equity Funds, not exceeding 150% of NAV. 
The Master Fund will invest in Private Equity Funds not exceeding 120% of the total Capital Commitment at and after the Final Closing Date.
• The Fund will not engage in short selling.
• The Fund may invest in mutual funds under management of KAsset no more than 100% of NAV​.
• The Fund will use derivatives to hedge against exchange rate risk at fund manager's discretion.

Risk Spectrum

Level 8+
Extremely High Risk

Subscription and Redemption Details

Subjects
Details​
Subscription date
IPO : 18 - 30 June 2025
between 8.30 a.m. - 3.30 p.m.
​
​Unitholders can subcribe this Fund by switching from K-CASH, K-MONEY, K-TREASURY, K-SF and K-SFPLUS  during the initial offering period.​​
Redemption date
The Management Company, in its absolute discretion, will automatically redeem the investment units and the last automatic redemption of investment units upon termination of the Fund which will transfer to the deposit account as the unitholder has notified in the fund account opening form.​​
Minimum initial subscription
500,000 Baht

Minimum subsequent subscription
-

Minimum redemption
-
Minimum​ account balance
-
NAV announcement date
T+1 business day (NAV is calculated on the last business day of March, June, September and December.)
Redemption Monies Proceeding​
T+5 business days

Subscription and redemption channels​
          • PRIVATE BANKING GROUP, KASIKORNBANK PCL.​
          • Other selling agents
            (Please see list of selling agents in Full Prospectus )​

Fees charged to the Fund (% p.a. of NAV)

Lists of Fees
Details
Management fee​
Not exceeding 3.2100%
Trustee fee
Not exceeding​ 0.2675%
Registrar fee
Not exceeding 0.3210%
Other fees
As it is actually incurred

Fees charged to​ Unitholders (% of trading value)

Lists of Fees
Details
Front-end fee​
Not exceeding 3.00%

Actual charge per transaction as follows;
- Subscribe 0.5 MB and over but less than 50 MB: 2.00%
- Subscribe 50 MB and over but less than 100 MB: 1.75%
- Subscribe 100 MB and over: 1.50%​
Back-end fee
Not exceeding 3.00%​
Brokerage fee
None
Switc​hing fee
Switching-in fee equals to the higher rate between the back-end fee of switch-out fund and the front-end fee of switch-in fund.​
​

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value

Note: NAV Value Not include Dividend

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